Definition of “dishonoured cheque”, which when presented in the Bank same is refused of payment by the bank because of insufficient funds or it is not in order, it is called dishonestly issuing a cheque is a criminal offence in Pakistan. The law on dishonour of cheque in Karachi is particularly strict. Understanding the law on dishonour of cheque in Karachi is crucial for anyone facing such issues, especially if you are navigating the law dishonour cheque Karachi under the laws and regulations of Pakistan.
Dishonestly issuing a cheque is governed by section 489-F of the Pakistan Penal Code, 1860. The said section reads as follows:
489-F Dishonestly issuing a cheque: Whoever dishonestly issues a cheque towards re-payment of a loan or fulfillment of an obligation which is dishonoured on presentation shall be punishable with imprisonment which may extend to three years and with fine unless he can establish, for which the burden of proof shall rest on him, that he had made arrangements with his bank to ensure that the cheque would be honoured and that the bank was at fault in not honouring the cheque. This section highlights the serious nature of complying with the law dishonour cheque Karachi.
The offence under this section is cognizable by police, non-bailable and compoundable.
Please note each case has to be seen on its own facts and circumstances, especially under the law dishonour cheque Karachi context.
Our Team is well trained in dealing with the law regarding dishonour of cheques in Karachi. We provide advice on cheque bouncing, recovery of debt, recovery of money, legal notice for cheque dishonor, lodging of First Information Report (F.I.R.) and other related matters to individual persons, firms, companies & Corporations both local and foreign. You can contact us for detailed consultancy and advice for issues related to the law dishonour cheque Karachi.
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Contact us to contact the best lawyer in Karachi, Pakistan. For more information and articles relating to Pakistani Laws, you may visit our blog for guidance on how to contact the team of best lawyer in Karachi, Pakistan to resolve your legal issues. Make sure to contact a lawyer in Karachi if you need legal assistance regarding the law on dishonour cheques. It is especially important to understand the specific law dishonour cheque Karachi.
Irfan Mir Halepota & Associates can help if you need to contact the best lawyer in Karachi, Pakistan. They also welcome you to contact their office for more information regarding your legal concerns with respect to the law dishonour cheque Karachi.
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You can Contact Us for detailed consultation with a lawyer in Karachi, Pakistan. It is crucial that you contact a lawyer if you need legal help regarding the law on dishonour cheques in Karachi, ensuring you are well-informed about the law dishonour cheque Karachi.
Irfan Mir Halepota, Advocate Supreme Court of Pakistan. For assistance, contact a lawyer in Karachi, Pakistan, without any delay to handle your case effectively.
Telephone: 0321-2057582
Regular Website: https://www.irfanlaw.com. When you need to contact someone, the website provides full details for getting in touch with a qualified lawyer in Karachi, Pakistan, especially useful when dealing with the specific law dishonour cheque Karachi details.